Electricity rates in Fairbanks, Alaska
Fairbanks North Star Borough, the county around Fairbanks, AK, ranks 2 of 30 Alaska counties for winter weather risk, FEMA score 97.5. Fairbanks, Alaska has 32,242 residents in 12,203 households; 22.0% heat with electricity.
Fairbanks on the map
Fairbanks North Star Borough, with Fairbanks marked
Outage risk around Fairbanks
Fairbanks, AK, NWS reports within 15 miles of the centre, 2015 to 2025: 1 wind and 0 tornado, 3.1 per 100,000 residents of 32,242. Top gust near Fairbanks, AK: 43 knots, 49 mph. Damage near Fairbanks, AK: $20K.
Reports within 15 miles of Fairbanks, AK
wind and tornado reports, Fairbanks, AK
- 0'15
- 0'16
- 0'17
- 0'18
- 0'19
- 0'20
- 0'21
- 0'22
- 0'23
- 1'24
- 0'25
| Fairbanks, AK | Wind | Tornado | Total |
|---|---|---|---|
| Fairbanks, AK, 2024 | 1 | 0 | 1 |
Facts about Fairbanks
- Residents of Fairbanks, AK, ACS 2023
- 32,2422 of 3 Alaska cities with 30,000+
- Median household income in Fairbanks, AK
- $72,0773 of 3 of those cities
- Households in Fairbanks, AK
- 12,2032.64 people each
- Owner-occupied homes in Fairbanks, AK
- 40.5%4,941 owners and 7,262 renter households
- Housing units in Fairbanks, AK
- 13,9241,721 vacant or seasonal
- Homes heated by electricity in Fairbanks, AK
- 22.0%2,679 of 12,203 homes
- Land area of Fairbanks, AK
- 31.7 sq mi1,015.6 people per sq mi
- Bill as share of income in Fairbanks, AK
- 2.9%at 578 kWh a month over the $72,077 median household income
- Wind and tornado reports within 15 miles of Fairbanks, AK
- 1NWS point reports 2015 to 2025, 3.1 per 100,000 residents
- Median year homes were built in Fairbanks, AK
- 19797,188 of 13,924 homes (51.6%) before 1980
- Median home value and rent in Fairbanks, AK
- $255,700$1,470 gross rent a month, 6.90% of value a year
Cost of living with electricity in Fairbanks
Fairbanks, AK: 12,203 households at $1,574 a year per home for electricity (Fairbanks North Star Borough average, DOE LEAD) come to about $19.2 million, an estimate; all home energy is $3,595 a year per household.
| Group in Fairbanks, AK | Households | Power per home | Power bill of the group | Share of Fairbanks, AK median income |
|---|---|---|---|---|
| Fairbanks, AK, all households | 12,203 | $1,574 | $19.2 million | 2.18% |
| Fairbanks, AK, homeowners | 4,941 | $2,047 | $10.1 million | 2.84% |
| Fairbanks, AK, renters | 7,262 | $864 | $6.3 million | 1.20% |
Housing and heating in Fairbanks
Fairbanks, AK: 7,188 of 13,924 homes were built before 1980 and 2,748 in 2000 or later. Fairbanks, AK has 4,620 detached houses, 4,257 homes in 5+ unit buildings and 138 mobile homes.
Age of homes in Fairbanks, AK
% of homes by decade built, Fairbanks, AK
- 2pre-40
- 340s
- 1450s
- 1060s
- 2270s
- 2280s
- 790s
- 1200s
- 710s
- 020+
Heating fuel in Fairbanks, AK
| Fairbanks, AK | Value | County | Gap | Rank |
|---|---|---|---|---|
| Fairbanks, AK, median year built | 1979 | 1985 | -6 years | 3 of 3 |
| Fairbanks, AK, built before 1980 | 51.6% | 38.1% | +13.5 points | 1 of 3 |
| Fairbanks, AK, built 2000 or later | 19.7% | 24.1% | -4.4 points | 1 of 3 |
| Fairbanks, AK, detached houses | 33.2% | 59.9% | -26.8 points | 3 of 3 |
| Fairbanks, AK, apartments in 5+ unit buildings | 30.6% | 14.1% | +16.5 points | 1 of 3 |
| Fairbanks, AK, mobile homes | 1.0% | 3.0% | -2.0 points | 3 of 3 |
| Fairbanks, AK, renter households | 59.5% | 38.3% | +21.2 points | 1 of 3 |
| Fairbanks, AK, median home value | $255,700 | $282,500 | -$26,800 | 3 of 3 |
| Fairbanks, AK, median gross rent a month | $1,470 | $1,424 | +$46 | 1 of 3 |
| Fairbanks, AK, people per household | 2.41 | 2.53 | -0.12 | 2 of 3 |
Who lives in Fairbanks: income, cars, homes
In Fairbanks, AK, 2,291 of 12,203 households earn under $35,000, 4,043 $35,000-$75,000, 4,233 $75,000-$150,000 and 1,636 $150,000 or more. 2,851 residents of Fairbanks, AK live below the poverty line, and the median age is 28.6. In Fairbanks, AK, 1,041 households own no vehicle and 6,039 own two or more; home EV charging depends on that. Fairbanks, AK homes: 6,665 have 3+ bedrooms, 3,079 none or one, median 4.6 rooms. Of 16,517 workers in Fairbanks, AK, 857 work from home, 10,918 drive alone, 209 ride transit and 1,542 walk. In Fairbanks, AK, 3,583 of 6,826 renter households pay 30% or more of income in rent; 6,544 households moved in since 2018 and 1,449 before 2000, so electric accounts turn over quickly.
Household income in Fairbanks, AK
| Fairbanks, AK | Value | Rank in Alaska |
|---|---|---|
| Fairbanks, AK, households under $35,000 | 18.8% | 1 of 3 |
| Fairbanks, AK, households $150,000 or more | 13.4% | 3 of 3 |
| Fairbanks, AK, residents below poverty | 9.6% | 1 of 3 |
| Fairbanks, AK, median age | 28.6 | 3 of 3 |
| Fairbanks, AK, homes with 3+ bedrooms | 47.9% | 3 of 3 |
| Fairbanks, AK, households without a vehicle | 8.5% | 2 of 3 |
| Fairbanks, AK, households with 2+ vehicles | 49.5% | 3 of 3 |
| Fairbanks, AK, workers at home | 5.2% | 3 of 3 |
| Fairbanks, AK, cost-burdened renters | 52.5% | 1 of 3 |
| Fairbanks, AK, moved in since 2018 | 53.6% | 1 of 3 |
| Fairbanks, AK, moved in before 2000 | 11.9% | 3 of 3 |
Who supplies Fairbanks
Fairbanks North Star Borough lists 1 utility for Fairbanks, AK (32,242 residents): homes pay 30.32 cents per kWh, about $175 a month at 578 kWh, 2.9% of the $72,077 Fairbanks median income. Fairbanks North Star Borough page.
Analyst note on Fairbanks
Household income in Fairbanks, AK is $72,077; 4,941 of its 12,203 households own. Fairbanks, AK counts 32,242 residents in 12,203 households, on 31.7 square miles. 2,679 of the 12,203 occupied homes in Fairbanks, AK heat with electricity.
Fairbanks, AK has 13,924 housing units, 1,721 of them vacant or seasonal. Fairbanks North Star Borough, the county around Fairbanks, AK, ranks 6 of 30 Alaska counties for the lowest home energy burden (3.8% of income). Fairbanks North Star Borough, the county around Fairbanks, AK, ranks 8 of 30 Alaska counties for the lowest yearly electricity cost per home ($1,574).
Fairbanks North Star Borough, the county around Fairbanks, AK, ranks 10 of 30 Alaska counties for the newest homes (median year built 1985).
Bill and heat pump calculator, Fairbanks
Compare Fairbanks with nearby cities
| City near Fairbanks, AK | Distance from Fairbanks | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| Fairbanks, AK (this page) | 0 mi | 32,242 | $72,077 | 1979 | $255,700 | 1 | 5.2% |
| Anchorage, AK | 258.1 mi south | 289,069 (+256,827) | $98,152 (+$26,075) | 1982 (+3 yr) | $375,900 (+$120,200) | 1 (+0) | 9.6% (+4.4 pts) |
| Juneau, AK | 626.4 mi southeast | 31,969 (-273) | $100,513 (+$28,436) | 1981 (+2 yr) | $432,500 (+$176,800) | 1 (+0) | 12.4% (+7.2 pts) |
ZIP codes in Fairbanks
| ZIP area touching Fairbanks, AK | Share of the ZIP's land inside Fairbanks | Share of Fairbanks's land in the ZIP |
|---|---|---|
| 99703 (Fairbanks, AK) | 99.8% | 30.4% |
| 99701 (Fairbanks, AK) | 1.6% | 27.9% |
| 99712 (Fairbanks, AK) | 0.2% | 18.2% |
| 99709 (Fairbanks, AK) | 0.4% | 6.9% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
Alaska: home prices since 2001, planned plants.
Questions on Fairbanks
Fairbanks: what is the electricity rate?
Fairbanks, AK has no price of its own; its 32,242 residents are served by one of 1 utility, and a 578 kWh month costs $175.
Fairbanks: how does it rank among Alaska cities?
Fairbanks, AK: rank 2 of 3 by its 32,242 residents, rank 3 of 3 by $72,077 median income.
Fairbanks: how many homes heat with electricity?
Fairbanks, AK: 2,679 of 12,203 occupied homes, 22.0%; Fairbanks North Star Borough 10.5%.
Fairbanks: how much income goes to electricity?
At 578 kWh a month, 2.9% of the $72,077 median income in Fairbanks, AK.
Fairbanks: damaging storms reported nearby?
1 NWS wind and tornado reports within 15 miles of the centre of Fairbanks, AK, 2015 to 2025, 3.1 per 100,000 residents.
How old are the homes in Fairbanks?
Fairbanks, AK: median home built 1979; 7,188 of 13,924 homes (51.6%) predate 1980, 4,620 are detached and 4,257 sit in buildings of 5+ units.
How many households in Fairbanks, AK earn under $35,000?
2,291 of 12,203, against 1,636 at $150,000 or more.
How many residents of Fairbanks, AK live below the poverty line?
2,851 residents.
How many Fairbanks, AK households have no car?
1,041 households; 6,039 have two or more.